LegalCity is a 100% online legal and amicable debt collection agency that assists small and medium-sized businesses and the self-employed in the collection of their outstanding debts, both amicably and judicially, using the dematerialized injunction to pay procedure. Regularly confronted with questions from companies that are victims of unpaid debts, LegalCity proposes to give an update on the LME law [...].
Tired of hearing pessimistic announcements about the economic situation every day? We understand you, but unfortunately, the life of a business owner during the COVID 19 pandemic forces you to be extra vigilant and to monitor the evolution of the economic and financial situation of your partners. At LegalCity, we have put at your disposal [...]
The LME law, or Loi de Modernisation de l'Économie, came into force on August 4, 2008 with the aim of stimulating the French economy. The reduction of payment terms and inter-company credits is one of its key measures. Considered too long, the payment period of invoices tends to slow down the economy and is not a [...]
When can I use the judicial collection procedure of injonction de payer? When you are sure that a debtor has refused to pay, the injunction to pay procedure can be very effective. It is a so-called "simplified" procedure that will allow you to obtain a successful recovery of your debt. [...]
The customers of the VSEs/SMEs and self-employed are often customers with whom very privileged relationships have been established. The customers are often relatives, former business partners but also people co-opted by acquaintances. Finally, when a new professional orientation is chosen, it is even possible that the customers are former colleagues or bosses [...]
You are a small business owner or self-employed and are confronted with the problem of unpaid invoices. After having tried yourself to collect your debts in vain, you are more and more likely to call upon an amicable debt collection company capable of preserving your customer relationship. A [...]
Studying the solvency of your business partners to protect yourself against non-payment is highly recommended. For this purpose, you can easily, like the large companies, resort to external service providers who deliver a complete financial report and a precise evaluation of the credit risk, or make an estimation of the solvency of the company yourself by having the necessary financial information. [...]
More and more cloud solutions allow entrepreneurs to automate their daily tasks, such as collections with LegalCity, and invoicing and accounting with QuickBooks. Establishing a connection between 2 complementary solutions like QuickBooks and LegalCity appeared to be an obvious way to facilitate the management of small businesses. Which solution for [...]
Whether you are an entrepreneur, a founder of a small business or an employee of a large corporation, an unpaid invoice can affect your business. If you are faced with this situation, you will have to find a solution to recover the amount due. In most cases, you will have to start a collection procedure, which includes several steps [...]
